Robust Characterization of Multidimensional Scaling Relations between Size Measures for Business Firms.

ABSTRACT: Although the sizes of business firms have been a subject of intensive research, the definition of a "size" of a firm remains unclear. In this study, we empirically characterize in detail the scaling relations between size measures of business firms, analyzing them based on allometric scaling. Using a large dataset of Japanese firms that tracked approximately one million firms annually for two decades (1994-2015), we examined up to the trivariate relations between corporate size measures: annual sales, capital stock, total assets, and numbers of employees and trading partners. The data were examined using a multivariate generalization of a previously proposed method for analyzing bivariate scalings. We found that relations between measures other than the capital stock are marked by allometr

SUBMITTER: Kobayashi Y 

PROVIDER: S-EPMC7910913 | biostudies-literature | 2021 Jan

REPOSITORIES: biostudies-literature